is today the day to see the break through ?

a good start for them to penetrate the Indonesia market. With their excellent managment team, more should follow. Their coming quarter result should be interesting too with the booming O n G market.

here it is http://www.theedgemalaysia.com/business-news/245373-pantech-enters-indonesian-oil-and-gas-market-wins-us15m-pertamina-contract-.html

the stock sale off will flush out the weak holders including those in pantech. Thus we will see more upside in the afternoon.

collect on weakness

RHB research : The next price target is MYR2.30, with resistance expected at MYR2.20.

ARZB director was still buying shares yesterday. Something big is coming/brewing ?
http://klse.i3investor.com/servlets/anpth/922829.jsp
http://klse.i3investor.com/servlets/forum/700922829.jsp?fp=2

This means more upside tmw

action soon ?

it is in a very much overbought area and the price can drop anytime. It will probably close red today.

more excitement after lunch ?

the chance to stay above 1.00 is very high. The momentum is there and we just wait for a spike to crack 1.04 today

the momentum today will crack 1.04 ?

Focus is on Muhhibbah today as it is a cheaper proxy compare to Favco. Can it go over 2.00 today ?

it has the price TP of 1.47 another ~ 53 % upside http://klse.i3investor.com/servlets/ptres/16916.jsp

A stock with low PE and strong growth would be good.

it should starting making its move after lunch later

good chance to buy on weakness

it will close above 1.00 today

It is logically that have to announce something important/sinificant in the coming July 22nd AGM otherwise funds will start shifting to Sona whose listing is on July 30

Favco is doing very well today. Muhibbah hitting over 2.00 today ?

Tonylim you are right. People are looking for golds to go back to as far back as 700/800 in the next 3 to 5 years.

it is important for it to break 1.04 resistance before going much higher to 1.10/1.20

Soros sold most his gold holding last year. It looks like gold can go up a bit and then goes further down towards 1000.

Don't worry. it will be its turn next week as people will sell favco and take profit and rotate to Muhibbah next week as it is still a cheaper proxy to invest in Muhibbah.

It has closed above 0.70 so it should move higher on Monday if Dow closes green tonight. Pantech and Redtone have been highlighted by the Guru. http://www.danielloh.com/2013/07/malaysia-stock-tip-pantech-and-redtone.html Pantech has moved since then. So Redtone will follow on Monday.

They have confirmed not selling TA brokering http://www.theedgemalaysia.com/business-news/244665-update-ta-enterprise-is-not-selling-stockbroking-business.html

Yes ooi, it will hit your target as long as you are a long term player. it will hit it before year end

any good news ? it seems moving up now

Yes. Hopefully we can get the confirmation by 3 pm later http://www.theedgemalaysia.com/business-news/244604-hot-stock-ta-enterprise-rises-4-on-stockbroking-unit-sale-rumour.html

All the shares in the uptrend mentioned here are doing well http://klse.i3investor.com/blogs/williamau/32639.jsp. So Pantech will follow soon. Hope Pantech gets over 1.00 today.

Since Favco already hits higher high. Muhhibbah should follow to hit 2.00 today. Look at this chart. http://klse.i3investor.com/blogs/williamau/32639.jsp

it should be able to go over 1.00 today as the resistance is at 1.04. It is in the uptrend mode. See the chart here http://klse.i3investor.com/blogs/williamau/32639.jsp

sorry for the confusion earlier

I am not giving a statement. I am asking if their have denied the sales of TA in the AGM. Can someone who has attended the AGM confirm it.

So they confimed in the AGM that there is no Sales of TA ?

Any news from the AGM ? Did they deny the sales of TA ?

This Guru's analysis is good. Always very "Chu". So the next target for Pantech is 1.10/1.20 http://www.danielloh.com/2013/07/malaysia-stock-tip-pantech-and-redtone.html

Once Facvo breaks 3.00 and goes over it, Muhibbah will break the recent high 1.87 too

it should break after lunch

since its EPS is 0.60 and it has the O n G business, it should have to apply the minimum the 10X PE in its TP calculation. Using the PE of 10 it has the TP of RM 6.00. It has great potential and upside.

bought at 10.5

it should rebound from 0.10 as it is so much oversold

Hi Ooi, when the analyst was making the TP 1.43 (with PE of 12), the steel division is still in red. So I think the US suit will not give much impact to the overall group profit. The Pantech Management team is an excelent team in execution, thus I believe they will mitigate the impact to the minimum. So I am still optimistic that it will still go over 1.40 by year end. The coming quarter result will certainly give us more clues. I am sure the share will become hot again after the result.

Pantech is a share that you can collect at current level and keep it for at least 6 months to see a good return i.e. hitting 1.40

Pantech will become more interesting once its latest quarter report is out by the end of July. It should hv not problem hitting 1.20 in Aug because it is very much a laggard.

since it is not in the overbought situation yet so it should have very high chance to shoot over 1.75

if I am not mistaken, Muhibbah's EPS is 0.20. Obviously HWANGDBS uses PER of 14 for Muhibbah, Thus 14 X 20 = TP 2.80. This is convervative. Other reseach houses use PER of 22 for SapuraKencana Petroleum http://klse.i3investor.com/blogs/kenangaresearch/32286.jsp
So if PER of 22 is used for Muhibbah, its rerated TP will be 20 X 22 = RM 4.40 !

it has no problem on breaking it after lunch

HwangDBS Research Maintain BUY for Muhibbah with higher RM2.80 TP
http://klse.i3investor.com/blogs/hwangdbs/32279.jsp.
Muhibbah is also bidding for the Burma airport management like what they are doing now in Cambodia. This will be a very good recurring imcome for muhibbah.